Franchise program

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Financing product for Franchise projects

Product Features

The financing ceiling starts from 150,000 to 4 million riyals
Financing period up to 8 years
Grace period of up to two years
The possibility of applying for a Franchise that is not listed on the bank's website

Product Condition

The age of the applicant is from 21 to 65 years
Integrity of the credit record, and that defaults do not exceed 15,000 riyals
Brand approval for franchising
Guarantees (mortgage - personal guarantee - third party guarantee - corporate and institutional guarantee - financial guarantee)
Employment full-time It is allowed to grant financing to the applicant in the event that the financing applicant is a part-time job, provided that a full-time Saudi manager is provided to manage the facility with experience
Pass the personal interview

Commercial Register

Approval letter from the trademark granting the franchise, mentioning the number of existing branches and the date of the trademark’s incorporation.

Fill out the form of guarantees acknowledgment (to download the file, click here.)

Copy of the owner's ID or partners’ IDs if they are a company.

Copy of the academic qualification.
• Copy of a CV.
• Feasibility study or action plan of the project needed to be financed, besides quotations.